ION Geophysical Corp. today announced it is collaborating with UAE-based Polarcus to acquire a new 4000sq km, 3D multi-client seismic survey offshore southwest Ireland, the first major survey of the significantly underexplored deepwater Southern Porcupine basin…
The US Energy Information Administration’s new “Today in Energy” brief looks at how US oil imports were down in 2013, but the share of imports last year from the United States' top three foreign oil suppliers—Canada, Saudi Arabia, and Mexico—was the highest in at least four decades…
US rakes in $850million for lease sale The US Bureau of Ocean Energy Management (BOEM) received 380 bids for 326blocks in the central Gulf of Mexico, totaling more than US $850 million. Gulf of Mexico Lease Sale 231 attracted operators to bison almost 40 million acres…
On 2 Jan 2014, Divetech Marine announced the successful underwater and surface reinstallation of six Rolls-Royce azimuth thrusters on Transocean's Deepwater Millennium drillship in Singapore. Divers and coordinators from Divetech Marine…
Lukoil Overseas completed drilling on its first offshore exploration well, Capitaine East-1X, at block CI-101 in the Republic of Côte d'Ivoire, the Russian company announced 2 April 2014. The well penetrated through 140m of sandstone from a Turonian formation…
The Bureau of Safety and Environmental Enforcement (BSEE) announced on 2 April 2014 that it is investing up to US$600,000 for targeted oil spill response research in drift ice conditions. In a Broad Agency Announcement (BAA) released on the federal government's business opportunities website…
A joint venture (JV) comprising two companies, both led by former BP group chief executives, has agreed to buy stakes in two blocks offshore Angola. The JV has been formed by Genel Energy, whose chief executive is ex-BP exec Tony Hayward (pictured right)…
INPEX has marked the first dry dock hull block erection on the Ichthys LNG project central processing facility (CPF) at a ribbon-cutting ceremony at Samsung Heavy Industries’ (SHI) shipyard in Geoje, South Korea. With 150m x 110m topside dimensions…
Chariot Oil & Gas and partner ONHYM have started a 1700sq km 3D seismic survey across its areas of interest offshore Morocco. The survey will be carried out by Dolphin Geophysical using the Sanco Swift vessel. The survey will cover…
OMV has taken another step into sub-Saharan Africa by entering an offshore exploration project offshore Namibia. The transaction involves the acquisition of a 65%-interest petroleum exploration license (PEL) 046, containing exploration blocks 2613A and 2613B…
Statoil has signed an agreement to farm down a 15% interest in WRG Angola Block 39 Ltd. offshore Angola in the Kwanza pre-salt basin. WRG is a 50/50 joint venture comprising White Rose Energy Ventures and Genel Energy plc. Statoil is operator of the block…
TGS says it has signed a letter of intent (LOI) with Seabird Exploration to charter up to four 2D seismic vessels to be used over the next 36 months. The LOI gives TGS priority rights to the vessels subject to the issuance of seismic acquisition permits for the offshore waters of Mexico…
UK-based downhole video technology specialist EV has opened a new technology center to house its research and development, which the company is expected to invest nearly £2million into over the next year. EV, which provides downhole video applications for the oil and gas industry…
KTR-WG Turbine Services LLP (KTR-WG), a joint venture between Wood Group GTS and KazTurboRemont (KTR), has been awarded a long-term service agreement by the North Caspian Production Operating Company (NCPOC) in Kazakhstan. The joint venture…
Eni CEO Paolo Scaroni outlined the Italian company’s exploration progress and activities within the country to the President of the Republic of Mozambique Armando Guebuza. Eni announced that the “possibility of enlarging the shareholder base of Area 4 was favorably received by the President…